Specializing in the sale and recapitalization of institutional and private capital office, industrial, and retail assets across the Utah market.
CBRE's Utah Capital Markets team specializes in the sale and recapitalization of office, industrial and retail assets for institutional and private capital clients across Utah.
Based in Salt Lake City, the team is led by Phil Brierley and Cole Macadaeg. They are among the most active investment sales teams in the state, having transacted on more than $1 Billion over the last 3 years, including representing 65% of all office investment sales in Salt Lake above $20 million. Drawing on deep regional knowledge and national market intelligence, the team delivers strategic solutions tailored to each client's portfolio objectives across buying, selling, developing and capitalizing.
Recent high-profile transactions include 60 Park Avenue, which achieved the highest price per square foot of any multi-tenant office sale in the market; Thanksgiving Station, the largest single-asset sale in Utah history; and 650 S Main, the only core downtown office asset to trade in more than a decade.